Welcome to this week’s edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.
This week’s Black Book Market Insights report shows car and truck segments each depreciating at an average rate so far for the month of November. However, two vehicle categories actually maintained or increased their values last week: Sub-Compact Luxury Crossovers managed to maintain their value from the previous week and Small Pickups increased their value by 0.59%.
“Smaller car depreciation accelerates while small pickups improve in value,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.
- Volume-weighted, overall car segment values decreased by 0.52% last week, higher than the average weekly decrease of 0.46% in values over the previous four weeks.
- Sub-Compact Car segment decreased in value at the highest rate.
- Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.36% last week, higher than the average weekly decrease of 0.28% in values over the previous four weeks.
- Small Pickup was the only segment among trucks with an increase in value.
Author: Black Book
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